EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Reprint Email

News Corp (NWSA): Today's Featured Media Loser

By TheStreet Wire 06/21/12 - 05:01 PM EDT

Find out if (NWSA) is in Cramer's Portfolio.

News (NWSA) pushed the Media industry lower today making it today's featured Media loser. The industry as a whole closed the day down 1.4%. By the end of trading, News fell 32 cents (-1.6%) to $20.16 on average volume. Throughout the day, 12.8 million shares of News exchanged hands as compared to its average daily volume of 16.2 million shares. The stock ranged in price between $20.13-$20.61 after having opened the day at $20.49 as compared to the previous trading day's close of $20.48. Other company's within the Media industry that declined today were: Pandora Media (P), down 8.1%, Entravision Communications Corporation (EVC), down 6%, NTN Buzztime (NTN), down 5.3%, and Marcus Corporation (MCS), down 5%.

ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

News Corporation operates as a diversified media company worldwide. News has a market cap of $32.85 billion and is part of the services sector. The company has a P/E ratio of 14.1, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 13.5% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate News a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates News as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

You can view the full News Ratings Report.

On the positive front, Seven Arts Entertainment (SAPX), up 12%, Inuvo (INUV), up 10.5%, Noah Education Holdings (NED), up 7.1%, and Media General (MEG), up 6.7%, were all gainers within the media industry with Gannett (GCI) being today's featured media industry winner.

Use our media section to find industry-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media (PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services (SCC).

Find other investment ideas from our top rated ETFs lists.

For more information on News Corporation click any of the following:

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:

$2.5+ million portfolio
Large-cap and dividend focus
Intraday trade alerts from Cramer
Weekly roundups

TheStreet Quant Ratings

TRY IT FREE

New! $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:

Buy, hold, or sell recommendations for over 4,300 stocks
Unlimited research reports on your favorite stocks
A custom stock screener
Upgrade/downgrade alerts

Stocks Under $10

TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:

Model portfolio
Stocks trading below $10
Intraday trade alerts
Weekly roundups

Dividend Stock Advisor

TRY IT FREE

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:

Diversified model portfolio of dividend stocks
Alerts when market news affect the portfolio
Bi-weekly updates with exact steps to take - BUY, HOLD, SELL

Real Money Pro

TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:

Real Money + Doug Kass + 15 more Wall Street Pros
Intraday commentary & news
Ultra-actionable trading ideas

Options Profits

TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.